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Can't speak to that, but I remember spending hours and hours and hours pouring over stock listings after hours.-

I distinctly remember we used a newspaper that I think is still around called IBD "Investors Business Daily", and they had this system that worked really well ("C-A-N-S-L-I-M").-

And I remember pouring over thousands and thousands and thousands and thousands of possibilities each day, and basically doing fundamental and technical analysis. I would filter out the candidates with broad technical analysis and then review the fundamentals of each, looking up each company on huge binders - yes, paper - from a subscription service the school had that had all financial and other info for all listed companies.-

And it worked out. At some point, I caught a few big ones that just went ballistic. And it worked out great. One of the things it did is it taught me the value of effort. And I distinctly remember another thing, too. I distinctly remember being called by the organization to let me know I was winning, having won, all but certainly.-

And the day after that, right before the closing of the ranking, running out of trades - because one had a limited amount of trades to perform during the competition. So I could not close a position I had, which had earned me a lot, so I wound up at a loss after having won, which, and I shall never forget this, ended up with my teacher basically saying, "I have seen how much effort you put into this, so I will give you -my account- to handle, so you can continue trading, so you will always remember that hard work and effort pays off in the end".-

In the end I did loose my ranking and with too little time could not catch up, even with the second account.-

So, I lost, but - in a way - I won, because I "won" that lesson ...

And gush bump it, it's a lesson I've never forgotten.-

So thank you, Mr. Brown.-



IBD - The ol' cup and handle. I still use it to this day when selling puts.


I mean they had (O'Neil and Co.) some great, solid points.-

(And, in the days before the internet their listings were great ...)


Did you become a trader?


Ah! The "fundamental" question :)

No, I did not.-

PS. Funny thing is I remember being asked, by the organization - whether I was going to go into finance at the time. Of course, I emphatically said that I was.-

I guess "life" took over. It is what happens to you while you make other plans, after all ...

... but the lesson(s) learned have remained with me.-




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